Saudi Central Bank Clears Finance Company to Offer Buy-now-pay-later Services

01:01 AM EDT, 04/19/2026 (MT Newswires) -- The Saudi Central Bank issued a license for buy-now-pay-later services to Modern Integrated Solutions Financing, according to an April 16 release. Overall, Sama has licensed 71 finance companies to engage in buy-now-pay-later activity to support the finance sector and boost the efficiency of financial transactions.